🤼 AI vs Market: One year after launch, how did ProPicks AI perform in 2024?See what you missed

IBM hiring AI specialists as company plans to replace nearly 8,000 jobs with automation

Published 2023-08-15, 01:00 p/m
© Reuters.  IBM hiring AI specialists as company plans to replace nearly 8,000 jobs with automation
IBM
-

Proactive Investors - International Business Machines Corp. (NYSE:IBM) has commenced hiring for artificial intelligence (AI)-focused roles to execute the company’s plan of replacing nearly 8,000 roles at the company with AI.

The company’s CEO Arvind Krishna said in May that 30% of IBM’s back-office functions, specifically human resources, would be replaced by AI over five years, replacing about 7,800 jobs.

At the time the company implemented a hiring freeze but in recent weeks has opened up AI-focused roles to develop and maintain IBM’s new automation systems.

Open roles include “Data Scientist – Generative AI,” “Data Scientist (Hybrid Data & AI),” and “Machine Learning Developer.”

Read more on Proactive Investors CA

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.